find the simple Interest on Rs. 1500 from 15th Nov 2017 to 9th April, 2018 at 8 1/2 % per annum. ( With solution)
Answers
Answered by
1
principle = ₹ 1500
time = 147 days = 147/365 years
rate = 17/2%p.a.
simple interest = principle × rate × time / 100
simple interest = 15000 × 147 × 17 / 365 × 2 × 100
simple interest = 37585/73
simple interest = ₹513.49
if my answer is correct please mark as branlist.
Similar questions